Blue Owl Seeks to Create Public Data Center REIT
Blue Owl Capital is seeking to create a publicly traded real estate investment trust focused on data centers and to take it public, aiming to benefit from growing funding needs for AI infrastructure. The firm plans to seed the REIT with about $6.5 billion of its own data center assets and expects to raise additional capital via an IPO and subsequent share sales to buy and expand the portfolio.
Coverage (4)
- Blue Owl Wants to Put $6.5 Billion of Its Data Centers Into a Public REIT (thewealthadvisor.com)
- Blue Owl Capital (OWL) Plans A Data Center REIT, Is It Fully Priced? (finance.yahoo.com)
- Blue Owl Reportedly Planning Data Center REIT (bisnow.com)
- Blue Owl Plans Creating Publicly Traded Data Center REIT (bloomberg.com)